The US company American Airlines has revealed that it has made the largest plane purchase since 2011 by ordering 260 new planes from Airbus, Embraer and Boeing.
This week, the Chinese government announced that it intends to become self-reliant in the tech industry by increasing investment in AI and other tech sectors.
The Alphabet owned firm Google has implemented changes for app developers and users in an effort to avoid upcoming European Union tech regulation.
Bloomberg News has reported that AMD has encountered limits in selling its AI chips to China. Namely, the government has blocked the sale of a chip despite it being specifically designed for the Chinese market.
The Chinese government has announced plans to "transform" its economic growth model and set a GDP growth target for 2024 at 5.00%. In addition, among new tasks the government has picked the defusing of risks from bankrupt real estate firms.
The US White House has announced that it is set to reveal new limits on credit card late payment fees, as the administration intends to help the most indebt citizens.
The stock price of Tesla has started a decline during this week, as the company's sales in China had declined to a low level not seen for a years.
Bloomberg has reported that the Spanish Banco Santander is set to fire 320 US employees, as the bank automates retail processes.
Due to poor market conditions, Chevron has paused production at two biodiesel facilities in the US Midwest.
At exactly 15:00 GMT, the US Institute for Supply Management published its Purchasing Managers Index. The markets expected the index to show good conditions in the sector, but the actual data disappointed. Due to this reason the US Dollar sharply declined.
The price for Bitcoin has continued to surge, as on Tuesday morning it reached above the 68,500.00 level. The price is close to reaching the 2021 all-time-high level near 69,000.00.
The European Commission has revealed that the social media platforms TikTok and X and the hotel website booking.com could meet the EU criteria that would subject the firms to the union's tech regulation.
The Brazilian Vice President and Industry Minister Geraldo Alckmin has stated that Toyota is set to invest $2.2 billion in Brazil.
The Indian Information Technology Minister Ashwini Vaishnaw has stated that Google's removal of some apps in India cannot be allowed.
General Motors Company has announced that it is recalling 820,000 pickup trucks due to a tailgate issue.
The Chief Executive Officer of NVidia Jensen Huang has recently stated that Ai could pass human tests during the next five years.
Reuters has reported that the electric vehicle company Fisker has been in talks with Nissan. The advance talks could result in Nissan acquiring an EV truck.
The Finance Minister of Chile Mario Marcel has revealed that the country intends to allow and develop additional three or four lithium projects by 2026.
Reuters has reported that Airbus has been considering the acquisition of a Spirit AeroSystems factory in Northern Ireland.
The US tech company has been fined by the European Union regulators with a 1.84 billion Euro fine for unfair competition in the music streaming market. Apple is accused of thwarting the fair market by using App store restrictions.
The chipmaker NVidia has continued to gain value, as the total market capitalization of the company has reached above the $2 trillion benchmark.
The stock price of the US rail company Norfolk Southern is expected to decline at the start of Monday's trading session due to an accident occurring during the weekend. A train has derailed and spilled diesel with plastic pellets into a river.
The US rating agency Fitch has downgraded the New York Community Bank to BB+ rating, as the bank experiences weakness.
The price for Bitcoin has extended its recovery, as on Monday morning the digital currency reached above the 65,000.00 mark.